Interested to Buy Any Domain ? << Click Here >> for more details...
what will be the journal entry-discount rs 2000 allowed to
mr x.and discount received rs 2000 from mr x.actually i am
confused that in the first entry both discount a/c and mr x
a/c will be credited as per the accounting standards.please
help experts.thanks
- 4 Answers
- 5628 Views
- I also Faced
- E-Mail Answers
Answer Posted / chandra
Discount A/C Dr. 2000
To X 2000
| Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.
What is the difference between General Ledger and Ledger?
What all are the documents need to check for a supplier payment?
How do you classify errors in accounting?
Do you know what is icai?
Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.
whether allowances will be included in calculating esi from gross salary
how to pass interest on security entries and salary payable entries in tally and how to maintain e-commerce company account please revert me ASAP its needful for me
Are you comfortable with cold-calling?
What accounts are to be debited and credited in this case o
What is deferred account?
X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800
Explain what a deferred asset is and give an example?
whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf
what is the format of salary slip when basic , D.A.H.R.A. ,conveyance allowence , concluded and in deduction part P.F. E.S.I. & P.Tax.
